Sonida Senior Living
SNDA
93 hedge funds and large institutions have $375M invested in Sonida Senior Living in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 42 increasing their positions, 23 reducing their positions, and 12 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 23
0.23% more ownership
Funds ownership: 6.33% → 6.55% (+0.23%)
2% less funds holding
Funds holding: 95 → 93 (-2)
14% less capital invested
Capital invested by funds: $437M → $375M (-$62.5M)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
90% less call options, than puts
Call options by funds: $190K | Put options by funds: $1.85M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSC
Cove Street Capital
El Segundo,
California
|
+$15M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$9.94M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.32M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$3.14M |
| 5 |
LCS
Levin Capital Strategies
New York
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$5.95M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$5.36M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
-$4.99M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.29M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$3.04M |
SNDA Hedge Fund Activity: Q3 2017 in Review
93 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Sonida Senior Living (SNDA) for Q3 2017, worth a combined $375M — down 14% from $437M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SNDA and 10 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 42 added.
The largest buyer was Cove Street Capital, adding an estimated $15M. The largest seller was Renaissance Technologies, cutting an estimated $5.95M.
- 93 institutional investors held Sonida Senior Living (SNDA) as of Q3 2017, down from 95 in Q2 2017.
- Funds reported $375M of Sonida Senior Living stock for Q3 2017, down 14% quarter-over-quarter.
- 10 funds opened new Sonida Senior Living positions in Q3 2017 and 12 closed out, a net change of -2 holders.
- The largest Sonida Senior Living buyer in Q3 2017 was Cove Street Capital, an estimated $15M added.
- The largest Sonida Senior Living seller in Q3 2017 was Renaissance Technologies, an estimated $5.95M sold.
Based on aggregated 13F filings for Q3 2017.